Aluminum Foil Packaging Market - Advanced technologies & growth opportunities in global Industry
The demand in the global aluminum foil packaging market is anticipated to increment at a CAGR of 4.8% during the forecast period of 2017 to 2025. This prosperity of the market for aluminum foil packaging is a reflection of a number of factors, such as high preference for convenience packaging, growing demand for extended shelf-life of packaged food, popularity of ready-to-eat meals and processed food, and growing usage in pharmaceutical products and confectionaries.
On the other hand, the lack of proper recycling processes in a number of countries and competition from alternatives are a few obstructions faced by the global aluminum foil packaging market. Nevertheless, growing emphasis on ecofriendly packaging and foray by the key companies in the emerging economies is expected to open new opportunities in the aluminum foil packaging market.
In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of foil type, thickness, applications, end use, and region. The report analyses the global aluminum foil packaging market in terms of value (US$ Mn) and volume (‘000 Tons). Vital feature of this report is the analysis of the global aluminum foil packaging market by region, foil type, thickness, applications, and end uses; and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market.
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However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to provide potential resources from sales perspective of the global aluminum foil packaging market.
To understand key segments in terms of their growth and performance in the aluminum foil packaging market, Transparency Market Research has developed a market attractive index. The resulting index should help providers identify existing market opportunities in the global aluminum foil packaging market.